Nathan

BoG ditches foreign loans for cocoa, $1bn domestic bond to fund 2026/2027 season as Ghana deepens local capital market.

The Governor of the Bank of Ghana (BoG), Dr Johnson Pandit Asiama, has announced that cocoa purchases for the 2026/2027 crop season will be financed with $1 billion raised from the domestic bond market as part of a new strategy to strengthen cocoa financing, reduce reliance on foreign borrowing, and deepen the local capital market…

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Elon Musk loses OpenAI lawsuit, jury says he waited too long, but he vows to fight on.

A California jury has rejected Elon Musk’s lawsuit against Sam Altman and OpenAI, ruling that the claims were filed too late under the statute of limitations. Musk had accused OpenAI of abandoning its original non-profit mission after accepting early funding from him, and alleged that Microsoft assisted in the company’s transition toward a for-profit structure….

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GBA must do more than condemn, Baffour Awuah says stop cherry-picking cases, look at the justice system as a whole.

Nana Agyei Baffour Awuah has urged the Ghana Bar Association to move beyond issuing condemnations and engage more broadly with concerns about Ghana’s justice system, following recent debates involving the judiciary. Speaking on Citi Eyewitness News, he said the association should adopt a more balanced and principled approach to public controversies rather than focusing solely…

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Reform or return to IMF, Stephen Amoah warns: arbitrary cuts and high borrowing are killing Ghana’s economy.

Stephen Amoah has called for major structural reforms to stabilise Ghana’s economy and prevent a return to another bailout programme with the International Monetary Fund. Speaking amid discussions on Ghana’s transition from the IMF-supported programme to the Policy Coordination Instrument, the Nhyiaeso MP argued that expenditure cuts should be based on sound economic analysis rather…

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$78m US aid loss, but Ghana fights back, Mahama unveils MahamaCares and free primary care at WHO assembly.

John Dramani Mahama has called for a new global health order centred on self-reliance, equity and health sovereignty, warning that declining international aid and shifting global politics were undermining healthcare systems, especially in Africa. Speaking at the 79th World Health Assembly, he said Ghana lost $78 million following the closure of some United States Agency…

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No Defence Minister, no problem, Felix Kwakye Ofosu says Mahama’s arrangement works: finance boss handles it, equipment keeps coming.

Felix Kwakye Ofosu has defended President John Dramani Mahama’s decision not to appoint a substantive Defence Minister, stating that the ministry continues to function effectively under the current arrangement. Speaking on PM Express, Kwakye Ofosu said Ghana’s defence architecture had experienced no lapses and noted that the sector was improving through the acquisition of additional…

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Donor era is over, Mahama announces Ghana’s health sovereignty shift as US aid freeze costs $78m.

John Dramani Mahama has announced that Ghana is shifting away from donor dependency by increasing domestic healthcare financing and strengthening health sovereignty. Speaking at the 79th World Health Assembly, he said uncapping the National Health Insurance Scheme fund had released an additional GH¢3 billion for healthcare investment, while digital and AI tools were being deployed…

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Ex-NAFCO boss’s new GH¢60m bail after GH¢50m Free SHS funds diverted to wife’s company, prosecution alleges.

Hanan Abdul-Wahab Aludiba and his wife, Faiza Seidu Wuni, have been re-arraigned before the High Court on fresh charges including defrauding by false pretence, stealing, money laundering and willfully causing financial loss to the state, following the withdrawal of an earlier 24-count charge sheet by the Attorney-General. The prosecution alleges that during his tenure as…

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NPP welcomes IMF stability but rejects govt spin, ‘Debt is down, yes, but Ghanaians are still suffering.’

New Patriotic Party has welcomed the stabilisation gains acknowledged by the International Monetary Fund under Ghana’s Extended Credit Facility programme but rejected the government’s presentation of the IMF’s latest assessment. In a statement issued on May 16, 2026, the NPP said Ghana’s transition to a 36-month Policy Coordination Instrument showed the country still required structured…

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